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Sales of butter and spreads are set to continue recording positive growth rates in the Dominican Republic in 2020 as the demand for these products remained steady even throughout lockdown. During the review period butter and spreads were commonly used for cooking and baking activities, which supported their use during lockdown in 2020, although not boosting demand significantly since Dominicans were already accustomed to using these products at-home.
To fight the spread of COVID-19 in the Dominican Republic, local and international companies are joining national initiatives to support consumers in the fight against the pandemic in 2020. Local leader in dairy products and milk, Pasteurizadora Rica SA, in combination with other institutions offered monetary contributions and medical supplies totalling DOP500 million as of April 2020.
At the onset of the pandemic, leading local producer Mercasid SA donated DOP500,000 to aid in the fight against COVID-19. The donation will be used to buy protective equipment, medicine, rapid detection tests, food and cleaning products.
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Discover the latest market trends and uncover sources of future market growth for the Butter and Margarine industry in Dominican Republic with research from Euromonitor's team of in-country analysts.
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If you're in the Butter and Margarine industry in Dominican Republic, our research will save you time and money while empowering you to make informed, profitable decisions.
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